News within the industry of pulp and paper, Oct, 20 2018
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US finds dumping of imports of softwood lumber from Canada
Photo: Beentree/Wikimedia Commons
The U.S. Department of Commerce announced the affirmative final determinations of the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of softwood lumber from Canada.
While significant efforts were made by the United States and Canada, and the respective softwood lumber industries, to reach a long-term settlement to this on-going trade dispute, the parties were unable to agree upon terms that were mutually acceptable, said Commerce Department in a statement. As a result, the investigations were continued and Commerce reached its final determinations.
The Commerce Department determined that exporters from Canada have sold softwood lumber the United States at 3.20% to 8.89% less than fair value. Commerce also determined that Canada is providing unfair subsidies to its producers of softwood lumber at rates from 3.34% to 18.19%.
As a result of today’s decision, Commerce will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of softwood lumber from Canada based on the final rates.
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ÅF’s office in Karlstad is boosting of activity. Jens Lundblad in front of the screens is the area leader for two sub-projects at Gruvön’s plant.
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In the picture: CHP’s ribbon-cutting featuring (from the left) Sonny Aswani, Arvi Karotam, Mohan Vaswani and Bashyam Krishnan (photo: Sven Tupits). Photo: Horizon
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A photo after the winder deal, from left: Esa Ananin (Valmet), Ulrich Lange (Varel), Sami Anttilainen (Valmet), Thomas Müller (Varel) and Dirk Petersen (Valmet).
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